ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL. (PHOTO). #PRESS RELEASE.

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 APC PRESIDENTIAL CAMPAIGN COUNCIL PRESS STATEMENT ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL At his press conference in Abuja on Friday, Alhaji Atiku Abubakar reiterated his proposed  “production subsidy” for locally refined petrol, which he said would reduce pump prices. He went further to ask President Bola Tinubu to slash the cost of diesel and petrol at the pump. That proposal raises important legal, fiscal and practical questions that he must answer. Section 205(1) of the Petroleum Industry Act 2021 provides that unrestricted free-market conditions shall determine wholesale and retail prices of petroleum products. The Nigerian Midstream and Downstream Petroleum Regulatory Authority, in a statement on Saturday, explained that it neither fixes pump prices nor issues administrative price templates, except where the statutory conditions for intervention are met. The PIA provisions guide its function.  At the moment, “No such market fail...

NORTHERN CLERIC CALLS ON THE NORTH TO USE FEMI FANI KAYODE'S SUPPORT TO PROMOTE THE REGION AS HE RECENTLY PAID ZAMFARA.STATE A VISIT.{PHOTOS}.#PRESS RELEASE

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   Femi Fani Kayode’s visit to Zamfara state and the conferment of a chieftancy title on him, by the Shinkafi Emirate may have generated a lot of negative reaction and resistance from some sections of the north, but Saka has called on the north to see the opportunity, as a golden opportunity to preach peaceful coexistence among Nigerians along religious and ethnic divide.

Saka who poured his mind to newsmen in Gusau the Zamfara state capital, said, “I cannot and will not hold brief for Femi Fani Kayode and I cannot begrudge anyone for demonstrating his or her rejection of such move, I think we should jump at this golden opportunity.

“Zamfara is still perceived in such bad light beyond the northern region since the state got into spotlight when democratic rule was restored in 1999 with its introduction of Sharia Law. Many do this without setting a foot on Zamfara. Many other northern States joined the train and created a huge chasm among Nigerians. This many believe is responsible for the poor level of enrollment in schools and an abysmal position on human development indices ratings, which left Zamfara as the poverty capital of Nigeria.”
Saka commended the renewed efforts by Governor Bello Muhammed Matawalle-led administration towards rebranding the state and repositioning it towards greatness. He also commended the choice of Femi Fani Kayode for the chieftaincy honour and reasoned that he Femi Fani Kayode will be a worthy ambassador for Zamfara State in its quest to regain the confidence of not only Nigerians but foreign investors. More so as Femi Fani Kayode has been a former critic of the north and values of the north.

“The leadership of Shinkafi Emirate scored a very huge point with this move,” said Saka and continued, “I can only implore them to reach out to dissenting persons to let them see the greater good in the decision. This will also go a long way in healing our land and reducing the level of hate, mistrust and intolerance among Nigerians. I will not rule out political interference and power play in the event playing out, I strongly believe with a deep understanding of the Charter of Peace, we will surely chart a new path for peaceful coexistence in our dear country. God heal Nigeria,” he added.More photos below.
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